Low Tuck Kwong Distinguished Professor Sumit Agarwal shared his view at a Budget roundtable on the city-state’s approach to accumulating reserves.
Low Tuck Kwong Distinguished Professor Sumit Agarwal commented that since the Republic has taken leadership in outlining its plans to raise carbon tax on corporations, it could also lead efforts in doing the same for individuals.
In the commentary, Prof Sumit Agarwal, Managing Director of SGFIN, and Chua Yeow Hwee shares the legitimate concerns about platform work, is there a better way to help workers without distorting the market. It highlighted the growing concerns that such work offers little protection or a way out of precarity and proposed several interventions to support platform workers.
Assoc Prof Zhang Weina, Deputy Director of SGFIN commented on the need for Asian talents for the sustainable development in Asia. Both corporate sector and financial sector need to gear up in hiring skilled labor force for the changing regulatory landscape and the increasing demand for greener products and investment vehicles.
In a commentary, Prof Sumit Agarwal, Managing Director, Dean’s Chair and Assoc Prof Johan Sulaeman, Director, and Assoc Prof Zhang Weina, Deputy Director and (all from the Dept of Finance and the Sustainable and Green Finance Institute) explain why we need more talents in green finance. NUS also recently launched the MSc in Sustainable and Green Finance programme.
NUS Business School recently launched a brand new Master of Science Programme in sustainable and Green finance. Associate Professor Weina Zhang, Academic Director of the MSc in Sustainable and Green Finance shared more details about the program and the state of sustainability in Asia.
Associate Professor Zhang Weina shared about the new MSc programme launched by NUS Business School and SGFIN recently. She also shed lights on the future green economy and skills required and who can apply to the new programme.
In its 2022 Budget announcement, Singapore will raise carbon price from $5 to $50-$80 per tonne of emissions by 2030. Consumers are the trigger to all supply chains and should participate fully in the transition from carbon-intensive products to a modern, sustainable economy. Professor Sumit Agarwal proposed the development of a carbon scorecard for individuals to help them understand the carbon impact of their consumption choices and motivate them towards adjusting their behaviour in response.
Prof Sumit Agarwal, Managing Director of SGFIN and his team investigated the effectiveness of Singapore’s energy campaigns in catalysing desired behaviours in the local population, and demonstrated that interventions which communicated economic gains clearly were more effective than those that did not.
The National University of Singapore (NUS) has launched a new Master of Science in Sustainable and Green Finance (MSc SGF) programme to nurture new talents to combat environmental and sustainability challenges through financial solutions and services. Launched by NUS Business School in collaboration with the Sustainable and Green Finance Institute (SGFIN) at NUS, the MSc SGF programme is the first MSc programme offered among leading Asian universities that focuses on sustainable and green finance.
“Many green finance experts were trained in the West. Asia needs its own indigenous finance talents with the right institutional knowledge to tackle environmental and sustainability challenges while balancing the needed economic development. We are excited that NUS is at the forefront in introducing a full-fledged Master’s programme in Sustainable and Green Finance in Singapore and Asia,” said Associate Professor Zhang Weina, Academic Director of the MSc SGF programme and Deputy Director of SGFIN.